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With the increasing prevalence of more expensive, potentially curative therapies, there comes the question of can we still afford expensive interventions that are that valuable, explained Jeroen Jansen, PhD, lead scientific advisor, Open-Source Value Project, Innovation and Value Initiative.
With the increasing prevalence of more expensive, potentially curative therapies, there comes the question of can we still afford expensive interventions that are that valuable, explained Jeroen Jansen, PhD, lead scientific advisor, Open-Source Value Project, Innovation and Value Initiative.
Transcript
Does the increasing prevalence of more expensive, potentially curative therapies warrant more novel ways of value assessment?
In principle, the increase in the number of treatments that can potentially cure does not necessarily change the methods of how we quantify the value. It simply becomes more of a question of not so much what’s the value of an intervention, but can we still afford expensive interventions that are that valuable. I think that’s the challenging question. So, it’s not so much, we have expensive interventions, do they need to be assessed differently? I don’t think that’s necessarily the question. The question is how are we going to afford all of these valuable interventions?